New Delhi, Oct. 11 -- Major quarterly earnings from companies like Wipro and HCL Tech, along with inflation figures, global trends, and crude oil price movements, will drive stock market movement this week, analysts said.
Market investors will also watch foreign investor trading activity, rupee movement, US Treasury yields, and geopolitical developments.
IT stocks emerged as major catalysts behind the market's sharp recovery on Friday, following an over 4 per cent rally in TCS after it reported better-than-expected September quarter results.
Forthcoming results this week are from BHEL, Canara Bank, HDB Financial Services, HDFC Asset Management Company and Nestle.
Domestically, September CPI and WPI inflation data will be closely tracked for signs of further price pressures, while the 2QFY27 earnings season gathers pace, he said.
Published by HT Digital Content Services with permission from Millennium Post.